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Tag: Short Sales

Foreclosures, short sales declining across South Florida

Mon Mar 31, 2014 by on Florida Law News

The following article was written By Paul Owers, Sun Sentinel and republished in the South Florida Law Blog with excerpts by Roy Oppenheim, homeowner defense attorney and legal blogger. Click here to read the original article. Declining foreclosures, short sales and unemployment rates  Declining foreclosures, short sales and unemployment rates normalize housing industry in Palm Beach and Broward Counties while […]

Update: The State of Florida Deficiency Judgments in 2014

Wed Mar 12, 2014 by on Florida Law News

The following article is written for the South Florida Law Blog by Oppenheim Law attorney Roy Oppenheim.  Florida has remained in the top three of states with the highest foreclosure rate since the housing market collapsed in late 2007. Even scarier for distressed homeowners is the fact that Florida is a recourse state, permitting lenders to seek deficiency judgments for […]

Foreclosure Law Empowering Lenders Could Be 'Game Changer'

Thu Feb 13, 2014 by on Florida Law News

 The following article was published in the Daily Business Review and written by Samantha Joseph for the DBR.  The South Florida Law Blog has republished select exerpts with quotes from Roy Oppenheim, Oppenheim Law.  New Wave of Short Sales A new wave of short sales could be part of the fallout from Florida’s Fair Foreclosure Act as property owners move to mitigate losses […]

Florida Foreclosure legislation invites bank fraud

Sat Mar 23, 2013 by on Florida Law News

The following Miami Herald article was written by Roy Oppenheim and is being republished in the South Florida Law Blog. Florida proposed legislation – HB 87 and SB 1666 – which backers claim will clear the backlog of foreclosure cases in Florida instead invites bank fraud and creates more problems by putting speed ahead of justice. The backlog is blamed […]

Thinking of Doing a Short Sale? Better Act Fast!

Thu Mar 1, 2012 by on Short Sales

It’s a great time to do a short sale. Banks have finally realized they have much more to gain by agreeing to a short sale rather than allowing a home to go through foreclosure.Data released by RealtyTrac today shows pre-foreclosure sales, which are often short sales, were up 15% in the fourth quarter of 2011. It’s easier than ever before […]